Market Report, "Homewares in Australia", Published
Homewares declined by 2% in retail value terms to reach A$1.3 billion in 2012. The development of omni-channel retailing in Australia maintained downward pressure on unit prices in homewares. Consumers are reluctant to pay a higher price in-store for goods they can easily purchase over the internet. This has led bricks and mortar retailers to not only open online retail sites, but also to pursue cost price harmonisation where goods are supplied at a global price. Cost price harmonisation led...
View full press release